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“The Inaugural Dinner of the Chief Strategists Club took place on Wednesday 18th September 2013 at the Royal Society of Arts in London. Our special guest for this exclusive event was Rita Gunther McGrath, author of The End of Competitive Advantage, Professor at Colombia Business School, and one of the world’s top 50 business thinkers.” Read…

Forbes Mike Myatt …being nominated for a Thinkers50 award is largely considered akin to being nominated for an “Oscar” in management and leadership thinking….These obvious disclaimers aside, I believe the Thinkers50 to be the gold standard of credibility and accomplishment in the field of leadership and management. Strategy Award: Erik Brynjolfsson: The Schussel Family Professor of Management at…

Porter’s five forces and Hamel and Prahalad ’ s core competencies remain central concepts in corporate strategy. But in this book, Rita Gunther McGrath questions whether these ideas—both based on a belief in the need to create and defend a permanent competitive advantage—are still relevant. The 21st century has seen the emergence of such an…

CNBC reports that President Obama is quoted as saying that law schools would “probably be wise” to move away from three-year programs to two. Who will fight like crazy to prevent two-year schools from being able to accredit J.D.s? “Just about everybody in the established order,” said Columbia Business School professor Rita Gunther McGrath, who…

Theodore Kinni of Strategy & Business highlighted a chapter in Rita McGrath’s book dealing with career change: If our employers begin rejiggering their businesses’ portfolios at a faster pace, our jobs are going to get rejiggered more often too. And if that starts to happen, are you ready? McGrath offers the following 10 yes-or-no scenarios…

Innosight recently interviewed Rita McGrath, excerpted below. To read the entire interview, click here. You argue that competitive advantage is dying and that companies need to embrace the idea of transient advantage. What do you mean by that? The Holy Grail of strategy for many years has been defined as sustainable competitive advantage: you find…

eTalks.com interviewed Rita McGrath recently in which she answered a question about strategy: Strategy is fundamentally about making choices. Choices, of course, about what to do but equally importantly about what not to do. I think of strategy as a central, integrated concept of how we’re going to achieve our objectives. In a business sense,…

Innovation Watch writes: “Chances are the strategies that worked well for you even a few years ago no longer deliver the results you need. Dramatic changes in business have unearthed a major gap between traditional approaches to strategy and the way the real world works now. In short, strategy is stuck. Most leaders are using frameworks…

The Irish Times writes: “Finding a real competitive advantage in an industry has been likened to discovering the Holy Grail in the corporate strategy stakes. However, it’s an increasingly elusive goal, according to US management expert, Prof Rita McGrath. McGrath, who is based at Columbia Business School but is a frequent visitor to these shores,…

May 16, 2013Interview at Forbes with Dorie Clark (author of The Brand of You) in Forbes on-line. The basic idea behind the article is that we need a different way of thinking about strategy when competitive advantages are short-lived.